Golden Prospect Precious Metals Ltd : Issue of Ordinary Shares
7 December 2018
GOLDEN PROSPECT PRECIOUS METALS LIMITED
(the "Company")
ISSUE OF ORDINARY SHARES
The Company announces that, conditional only on Admission becoming effective, it has allotted, by way of an exercise of 12,305 subscription shares, 12,305 new ordinary shares of £0.001 each (the "New Shares") for cash, at a price of 40.37p per share, a premium to the Company`s net asset value. The New Shares will rank pari passu with the existing ordinary shares.
Applications have been made for the New Shares to be admitted to The International Stock Exchange`s Listing and to trading on the London Stock Exchange`s SETSqx platform.
Following the issue of the New Shares, the Company`s issued share capital will consist of 57,014,331 ordinary shares and 28,488,708 subscription shares, none of which are held in treasury.
For more information please contact:
Craig Cleland
CQS (UK) LLP
0207 201 5368
Gareth Smith
Maitland Administration (Guernsey) Limited
01481 749362
This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Golden Prospect Precious Metals Ltd via GlobeNewswire
HUG#2228197
